Blockchain Start-Up Orbs Raises $15 Million With Kakao’s Help

South Korean app provider, Kakao, has helped to raise over $15 million in cryptocurrency for Orbs, a hybrid blockchain platform.

Orbs Blockchain Raises $15 Million

Kakao joined the fundraising venture through its investment arm because it “always seeks to invest and support innovative startups and Orbs is a good example.”

It also builds on the pair’s existing partnership; Orb already partners with Kakao’s blockchain subsidiary, Ground X. The two companies develop blockchain applications, along with researching and developing projects.

The latest investment will “focus on helping Orbs further the protocol’s development and …

Read The Full Article On CryptoCurrencyNews.com

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.